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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346 | Recordkeeping | $244 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $25,053 | $70,917-64.7% | $98,920-74.7% | $73,497-65.9% |
| Participation rate | 25.0% | 73.8%-48.8pp | 76.0%-51.0pp | 70.7%-45.7pp |
| Annual return | 15.08% | 34.18%-19.1pp | 196.47%-181.4pp | 28.51%-13.4pp |
| Employer contribution / active EE | $635 | $2,037-68.8% | $2,689-76.4% | $2,270-72.0% |
| Participant deferral / active EE | $1,425 | $3,501-59.3% | $4,245-66.4% | $3,740-61.9% |
| Admin fee / account holder | $53 | $535-90.1% | $6,643-99.2% | $513-89.6% |